Our Thoughts On
EVAN C. OGRODNIK CPA
CONTACT
Evan is a shareholder in the Tax Advisory Services department with more than 23 years of experience in all areas of tax compliance and reporting, planning and research. He serves clients in a number of industries, including manufacturing, technology, distribution, professional services and private equity. His expertise includes tax planning and the development and communication of tax strategies to management along with the review of corporate, partnership and individual income tax returns.
Evan has significant experience in GAAP accounting and reporting, including ASC 740 income taxes and tax provision calculations. He works with the Schneider Downs Business Advisory department on tax due diligence procedures related to buy-side and sell-side transactions, specifically in identifying and qualifying the risks and maximizing benefits with transaction structure.
Evan has also worked with the firm’s Internal Audit department assisting clients with their review of internal controls and processes as they relate to income taxes and ensuring compliance with Sarbanes-Oxley.
Education
B.S.B.A. – Accounting, John Carroll University
Professional and Community Involvement
Member – American and Pennsylvania Institutes of Certified Public Accountants
Member of the Schneider Downs Manufacturing Industry Group
Chair – Schneider Downs Private Equity Industry Group
Board Member – Advantage Credit Counseling Service
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What was the best advice you’ve ever received?
You only have one chance to make a first impression – which was told to me by Carl Monastra, my tax professor at John Carroll University.
Who was your role model?
My father, who worked multiple jobs to provide every opportunity for our family.
What was your childhood dream?
I wasn’t a big dreamer – but I fully expected to be the front man in a hair-metal band playing stadium shows. I guess being a tax advisor isn’t a bad alternative.
What is the best or most interesting thing about your career?
I spend most of my day helping people. I help clients with tax matters and planning opportunities. I help our staff work through issues and coach them in their personal development. I help a non-profit organization to address challenges during tough economic conditions. It gives me great satisfaction to help people.
Do you have advice for young professionals?
You’ve got 40 years of working life ahead of you. Find something that you are passionate about and a place that will provide you with opportunities to succeed.
Our Thoughts On
Our Thoughts On
Our Thoughts On
Contract Bid Preparation – Importance of Actual Costs from Previous Projects During Estimation
Our Thoughts On
Postcard from the Inaugural Women in Construction/Real Estate Networking Dinner
FEATURED
Big Problem: A Not-for-profit Client Out Of 401(k) Compliance.
Big Thinking: Allowing More Contributions By Highly Paid Employees.
Shareholder JASON LUMPKIN serves as a Practice Unit Leader for SDAdvantage Retirement Solutions. He has more than 17 years of qualified retirement plan experience, primarily serving middle market, closely held businesses. His background includes plan design, documentation reporting, participant education, and ongoing administration for defined contribution plans, including employee stock ownership plans.
While working with one of our non profit clients, Jason’s team discovered that the organization was failing non-discrimination testing due to poor 401(k) participation among its employees. To address the issue, we recommended the implementation of a second retirement plan, a 403(b) plan, that would cover only the highly paid employees, allowing them to contribute the maximum amounts without concern for the limits imposed by the 401(k) plan’s non-discrimination testing.
“These top employees were no longer constrained by the limits of the 401(k) plan testing results,” Jason said. “Plus, the organization no longer had to be concerned about the non-discrimination test. We also avoided implementing a “safe harbor” design in the 401(k) plan, which can result in costly employer contributions and vesting provisions that favor short-term employees.”
Schneider Downs provides Big Thinking and Personal focus in delivering a variety of services for large and small businesses, both publicly and privately held, as well as nonprofit organizations, government entities and more. Through our commitment to thought leadership and knowledge management, we deliver the solutions our clients need with a personal commitment to service.
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